Combustion processes in rocket propulsion systems are characterized by the existence of multiple, vastly differing time and length scales, as well as flow-speeds at wide variation of Mach numbers. The chemical kinetics processes in the highly active reaction zone are characterized by much smaller scales compared to fluid convective and diffusive time scales. An operator splitting procedure for transient finite rate chemistry problems has been developed using a pressure based method, which can be applied to all speed flows without difficulties. The splitting of chemical kinetics terms formed the fluid-mechanical terms of the species equation ameliorated the difficulties associated with the disparate time scales and stiffness in the set of equations which describes highly exothermic combustion. A combined efficient ordinary differential equations (ODE) solver was used to integrate the effective chemical source terms over the residence time at each grid cell. One and two dimensional reacting flow situations were carried out to demonstrate and verify the current procedure. Different chemical kinetics with different degrees of nonlinearity have also been incorporated to test the robustness and generality of the proposed method.